0001144204-09-009593 Sample Contracts

FIFTH AMENDMENT TO THE MANAGEMENT AGREEMENT
Management Agreement • February 18th, 2009 • American Realty Capital Trust, Inc. • Real estate

This fifth amendment (this “Amendment”) to that certain Management Agreement dated January 25, 2008 as amended by the Amendment to the Management Agreement, dated April 30, 2008, as further amended by the Second Amendment to the Management Agreement, dated May 30, 2008, as further amended by the Third Amendment to the Management Agreement, dated as of September 16, 2008 and as further amended by the Fourth Amendment to the Management Agreement, dated as of October 23, 2008 (collectively, the “Agreement”) is made and entered into as of the 18th day of November, 2008, by and among AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation (the “Company”), AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (the “OP”, and together with the Company, the “Owner”), ARC ROCK17MA LLC, a Delaware limited liability company (the “Rockland Owner”), ARC WBPCFL0001, LLC, a Delaware limited liability company (the “National City Owner”), ARC WBPBFL0001, LLC, a Delaware

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THIRD AMENDMENT TO THE MANAGEMENT AGREEMENT
Management Agreement • February 18th, 2009 • American Realty Capital Trust, Inc. • Real estate

This third amendment to (this "Amendment") to that certain Management Agreement dated January 25, 2008 as amended by the Amendment to the Management Agreement, dated April 30, 2008, and as further amended by the second Amendment to the Management Agreement, dated May 30, 2008 (collectively, the "Agreement") is made and entered into as of the 6th day of September, 2008, by and among AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation (the "Company"), AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (the "OP", and together with the Company, the "Owner"), ARC ROCK17MA LLC, a Delaware limited liability company (the "Rockland Owner"), and ARC WBPCFL0001, LLC, a Delaware limited liability company (the "National City Owner") and AMERICAN REALTY CAPITAL PROPERTIES, LLC, a Delaware limited liability company (the "Manager").

FOURTH AMENDMENT TO THE MANAGEMENT AGREEMENT
Management Agreement • February 18th, 2009 • American Realty Capital Trust, Inc. • Real estate

This fourth amendment (this "Amendment") to that certain Management Agreement dated January 25, 2008 as amended by the Amendment to the Management Agreement, dated April 30, 2008, as further amended by the Second Amendment to the Management Agreement, dated May 30, 2008, and as further amended by the Third Amendment to the Management Agreement, dated as of September 16, 2008 (collectively, the "Agreement") is made and entered into as of the __ day of October, 2008, by and among AMERICAN REALTY CAPITAL TRUST, INC., a Maryland corporation (the "Company"), AMERICAN REALTY CAPITAL OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (the "OP", and together with the Company, the "Owner"), ARC ROCK17MA LLC, a Delaware limited liability company (the "Rockland Owner"), ARC WBPCFL0001, LLC, a Delaware limited liability company (the "National City Owner"), and ARC WBPBFL0001, LLC, a Delaware limited liability company (the "Pompano Owner") and AMERICAN REALTY CAPITAL PROPERTIES, LLC, a Del

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